Morning Technical Insight on These Medical Equipment Stocks -- ReWalk Robotics, Avinger, ViewRay, and Align Technology

Friday, January 26, 2018 Medical Gadgets
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NEW YORK, January 26, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment

community.  Today we are offering reports on RWLK, AVGR, VRAY, and ALGN which can be accessed for free by signing up to http://www.wallstequities.com/registration. WallStEquities.com revisits the Medical Appliances and Equipment industry, which comprises
companies that engage in the manufacture of medical instruments, such as dental and surgical appliances. Equities under evaluation this morning are: ReWalk Robotics Ltd (NASDAQ: RWLK), Avinger Inc. (NASDAQ: AVGR), ViewRay Inc. (NASDAQ: VRAY), and Align Technology Inc. (NASDAQ: ALGN). All you have to do is sign up today for this free limited time offer by clicking the link below:

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ReWalk Robotics 

Israel headquartered ReWalk Robotics Ltd's stock finished Thursday's session 4.14% higher at $1.10 with a total trading volume of 85,131 shares. The stock is trading below their 50-day moving average by 3.06%. Shares of the Company, which designs, develops, and commercializes exoskeletons for wheelchair-bound individuals with mobility impairments or other medical conditions, have a Relative Strength Index (RSI) of 50.58.

On January 05th, 2018, ReWalk Robotics announced that it has appointed its Corporate Controller, Ori Gon, as CFO, effective February 22nd, 2018, succeeding Kevin Hershberger, who has served as CFO since 2014 and is leaving to pursue an outside opportunity. Mr. Hershberger will work closely with Mr. Gon to ensure a smooth and seamless transition. Get the full research report on RWLK for free by clicking below at:

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Avinger 

Shares in California headquartered Avinger Inc. plummeted 6.48%, ending yesterday's session at $0.19. A total volume of 1.56 million shares was traded, which was above their three months average volume of 1.35 million shares. The stock is trading 15.79% below its 50-day moving average. Moreover, shares of Avinger, which designs, manufactures, and sells image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease in the US and Europe, have an RSI of 39.90.  

On January 03rd, 2018, Avinger announced that Arne Schwindt, M.D., a vascular surgeon at St. Franziskus Hospital in Münster, Germany, has successfully treated the first seven patients with the next generation Pantheris Lumivascular atherectomy system. Dr. Schwindt, an experienced operator of Lumivascular technology, used the next generation Pantheris to treat seven separate patients with a variety of lesion types, including in-stent restenosis, a calcified lesion, and a chronic total occlusion, in arteries above and below the knee. To experience our free membership services anytime/ anywhere and access the free report on AVGR, click to register at:

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ViewRay 

On Thursday, Ohio headquartered ViewRay Inc.'s stock rose slightly by 0.76% to close the day at $9.23. A total volume of 375,078 shares was traded. The Company's shares have advanced 0.54% in the last month, 43.32% in the previous three months, and 67.51% over the past year. The stock is trading 1.27% and 32.81% above its 50-day and 200-day moving averages, respectively. Additionally, shares of ViewRay, which through its subsidiary, ViewRay Technologies, Inc., designs, manufactures, and markets radiation therapy systems, have an RSI of 50.21.  

On January 05th, 2018, research firm Cantor Fitzgerald resumed its 'Overweight' rating on the Company's stock.

On January 08th, 2018, ViewRay announced preliminary results for Q4 and full fiscal year ended December 31st, 2017. In Q4 2017, the Company recognized revenue on four MRIdian Linac Systems, resulting in total 2017 revenue of approximately $34 million primarily from six MRIdian Linac Systems. The Company also received new orders for MRIdian Linac systems during the quarter, totaling approximately $34 million. Additionally, total cash and cash equivalents were approximately $57 million at December 31st, 2017. Join our big investor community at Wall St. Equities today and get your free report on VRAY at:

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Align Technology 

Shares in California headquartered Align Technology Inc. ended the day 0.47% higher at $273.56. A total volume of 566,316 shares was traded. The stock has surged 22.61% in the last month, 34.28% in the previous three months, and 192.86% over the past year. The Company's shares are trading above their 50-day and 200-day moving averages by 11.24% and 47.31%, respectively. Furthermore, shares of Align Technology have an RSI of 68.77.  

On January 02nd, 2018, Align Technology announced that it will release its Q4 FY17 and FY17 financial results on January 30th, 2018, at 4:00 p.m. ET. Following the press release, the Company will host a conference call at 4:30 p.m. ET to discuss the results. A live audio webcast of the call will be available under the investor page of the Company's website.

On January 19th, 2018, research firm Stephens downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. Know more about ALGN in our free research coverage at:

http://www.wallstequities.com/registration/?symbol=ALGN

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